Dropped Charges in Ecuador Could Affect Chevron Racketeering Case

Greenwire: An Ecuadorean court's decision to dismiss criminal charges in a case concerning oil pollution liability could affect high-stakes litigation in New York over whether Chevron Corp. should have to pay up to $18 billion in damages. The criminal case in Ecuador focused on whether fraud tainted an agreement between the government and Texaco Petroleum Corp. over oil remediation and the oil company's future liability. Chevron acquired Texaco in 2001 and has since been battling in court against indigenous......

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